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Ceconomy And JD.com Complete Voluntary Public Takeover

By Reuters News

Nov 12 (Reuters) - CECONOMY AG CECG.DE:

  • JD.COM AND CECONOMY COMPLETE VOLUNTARY PUBLIC TAKEOVER

  • TRANSACTION SUCCESSFULLY CLOSED ON 12 NOVEMBER 2026

  • ALL OFFER CONDITIONS FOR COMPLETION OF THE TRANSACTION FULFILLED

  • JD.COM ACQUIRES 59.8% OF THE SHARE CAPITAL AND VOTING RIGHTS OF CECONOMY

  • TOGETHER WITH THE 25.3% STAKE RETAINED BY JD.COM'S PARTNER CONVERGENTA, THIS ACQUISITION BRINGS THEIR COMBINED SHAREHOLDING IN CECONOMY TO 85.2%

  • TOTAL CONSIDERATION OF EUR 1,335 MILLION

Further company coverage: CECG.DE

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